Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bearish contrarian trading bias.
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FTSE 100 IG Client Sentiment: Our data shows traders are now net-long FTSE 100 for the first time since Sep 14, 2023 when FTSE 100 traded near 7,698.10.Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.
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